29 October, 2016

African Bank Quick Loans - How Favourable Are They

The ever higher cost of living and the lack of stability in the South African economy make financial emergencies something fairly common in the day to day lives of people.
The important thing is for them to be resolved timely, effectively and affordably. This African Bank quick loans review will help you decide whether you can achieve this outcome with these particular credit products.
African Bank is a dependable lender in every respect.
The bank is a solid financial institution with excellent reputation. You will receive great personal attention and complete professional assistance based on extensive expertise and experience.
You can deal with the bank with complete peace of mind about your financial wellbeing.
The African Bank quick loans are some of the fastest available from large commercial banks. You can apply online and sign the loan agreement over the internet as well. You will not have to go to an office of the lender. In fact, you will not need to leave your home. You can expect the processing to take no longer than a day or two. When you sign the loan agreement, the micro lender will transfer the cash amount to your account and notify you with SMS for this.

After the transfer is completed, you will be able to use the money within 24 to 48 hours.

These unsecured loans are especially designed for covering emergency expenses.
You can select a short-term cash loans up to R10 000. The range is quite reasonable. You can choose the repayment term as well. It can be between 3 and 12 months. A shorter term will result in larger monthly instalments, but you will be able to save on interest payments.
One of the major benefits of the African Bank quick loans is that they have fixed interest rates. As a result, the monthly instalments are also fixed and you will be able to manage your budget without any stress.
Just keep in mind that the interest rates are determined individually based on the applicant's credit history.
The verdict of this review is that the African Bank quick loans can be quite helpful in case of an emergency and fairly affordable as well.

Contact Details

59 16th Road
Midrand
Gauteng
South Africa

Phone: 011 256 9000 / 0861 111 011

Fax: 087 943 0136

Email: loanbackoffice@africanbank.co.za
Other Email: cardbackoffice@africanbank.co.za